Question 3 Flounder Associates rents space to landscape design business and an environmental consulting business. Flounder Associates provides payroll/tax reporting services and custodial services as part of the rental contract. To determine the monthly rental fee, Flounder Associates must allocate the payroll/tax reporting costs and the custodial services costs to the landscape design business and the environmental consulting. Payroll/tax reporting services are allocated based on number of employees and custodial services are allocated based on space occupied. Costs reported are for the year. Assume that Flounder Associates uses the step-down method. Direct costs # employees Space occupied (m2) Payroll/Tax Reporting Services $62,400 2 970 Custodial Services $36,600 3 970 Landscape Design $71,300 5 2,960 Environmental Consulting $87,200 8 4,650 Starting with payroll/tax reporting services, calculate the costs to be allocated to the landscape design business and the environmental consulting business. Assuming that the above costs are for one year, what are the monthly costs charged to the landscape design business and the environmental consulting business? (Round answers to 2 decimal places, e.g. 15.25.) Landscape Design Environmental Consulting Monthly costs LINK TO TEXT Starting with custodial services, calculate the costs to be allocated to the landscape design business and the environmental consulting business. Assuming that the above costs are for one year, what are the monthly costs charged to these businesses? (Round answers to 2 decimal places, e.g. 15.25.) Landscape Design Environmental Consulting Monthly costs $